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Topic: Will China ACTUALLY ban ICO’s? - page 4. (Read 1859 times)

full member
Activity: 518
Merit: 101
August 30, 2018, 03:14:14 AM
#76
Not good, there is so much success ICO team from chinese also good bounty project from china hope it not happen
member
Activity: 64
Merit: 10
August 30, 2018, 03:14:11 AM
#75
This kind of thing is really hard to say. I think some departments in China really want to ban ico, such as China Securities Regulatory Commission, because ico has divided their cakes.
jr. member
Activity: 336
Merit: 7
August 30, 2018, 03:12:28 AM
#74
I do not think so, I guess there should be regulations and this is quite fair, but banning is overreaction from the side of the governments.
newbie
Activity: 13
Merit: 0
August 30, 2018, 03:04:22 AM
#73
I think no. it's better to legalize rather than ban it. It's better to take taxes from that. Ban is the worst variant.

Taxes sound bad for this market Angry
full member
Activity: 309
Merit: 100
August 25, 2018, 04:48:25 PM
#72
I think in most cases the ban is just a formality. Who needs he and so invests. It just creates visibility, but no more.
member
Activity: 378
Merit: 10
August 25, 2018, 03:49:15 PM
#71
I think no. it's better to legalize rather than ban it. It's better to take taxes from that. Ban is the worst variant.
member
Activity: 644
Merit: 10
August 25, 2018, 02:50:14 PM
#70
Hello everybody!

Even though China has banned ICO’s, Chinese residents continue to participate and register money where it is actually legal. So do you think the “ban” is forever or are they going to drop the bans initially?

I think the Chinese Government only did what is good for their citizens. They want to protect there people from getting scam and almost 90% percent of ICO's in 2017 are scammed. But, it doesn't mean Chinese residents can't participate in ICO's, they still can participate. And they can used VPN to access the ICO site's. Unfortunately, some projects don't allow Chinese residents to participate.
newbie
Activity: 31
Merit: 0
August 25, 2018, 02:41:22 PM
#69
i think as soon as they work out the regulations and laws they will allow them
hero member
Activity: 888
Merit: 500
August 25, 2018, 02:40:28 PM
#68
I don't think so, i believe they are also one of the manipulating elements of the crypto industry. They are also trying to buy in a cheaper amount so they will be securing big quantities before the prices goes up. I know every chinese business man mind. They will do it in a mischievous way for sure.

I personally think that China is one of the countries with high corruption in the world, besides many companies use cryptocurrency to evade taxes. Candles must first be forbidden by their people, and then they will be given the crypto laws to make it a revenue source for the government.
sr. member
Activity: 630
Merit: 251
August 25, 2018, 07:13:22 AM
#67
I think the Chinese government does not forbid ico, it's just that they give warnings to their citizens so that they are not wrong in choosing an investment. But if they will ban ico, then it will not have too much impact on the market.
newbie
Activity: 55
Merit: 0
August 25, 2018, 07:08:12 AM
#66
I am sure that the ICO in China is resolved, as soon as the Chinese authorities select a suitable legislative base. It's just a matter of time. But then already, when the crypto currency will gain status on a legal basis, bitcoin will no longer be worth it today. And investors need us to think about it.
legendary
Activity: 1008
Merit: 1000
GigTricks.io | A CRYPTO ECOSYSTEM FOR ON-DEMAND EC
August 25, 2018, 06:50:02 AM
#65
I don't think so, i believe they are also one of the manipulating elements of the crypto industry. They are also trying to buy in a cheaper amount so they will be securing big quantities before the prices goes up. I know every chinese business man mind. They will do it in a mischievous way for sure.
jr. member
Activity: 98
Merit: 1
August 25, 2018, 06:06:12 AM
#64
China has a huge economy. Investments in ICO as uncontrolled financial flows have an impact on eco-dynamics. To maintain order, it is necessary to manage ICO. Until this happens - in China, ICO will be banned.
newbie
Activity: 26
Merit: 0
August 25, 2018, 05:12:57 AM
#63
China bans the ICO only temporarily, awaiting a formal license. In the coming months, the Chinese government may launch a licensing program for ICO, trying to restructure the market and introduce its plans. Legal ICO and Blockchain launch for the public to sell and raise funds. 
newbie
Activity: 336
Merit: 0
August 25, 2018, 05:05:19 AM
#62
I think China will not forbid it, but only establish laws to regulate this area. I consider that this is another news for the market manipulation of the Crypto-currency
full member
Activity: 352
Merit: 100
August 25, 2018, 04:51:58 AM
#61
Personally, I think the more crypto grows and become accepted as means of exchange by companies and other country, it will gradually grow and china will also drop the barn and accept it.
member
Activity: 252
Merit: 12
August 25, 2018, 04:47:44 AM
#60
China has been very hash when it comes to cryptocurrency for sometime now and have finally and officially ban cryptocurrency .it will have impact on industry anyway but hope they change their mind soon.
full member
Activity: 392
Merit: 100
August 25, 2018, 04:46:53 AM
#59
Hello everybody!

Even though China has banned ICO’s, Chinese residents continue to participate and register money where it is actually legal. So do you think the “ban” is forever or are they going to drop the bans initially?

I think that the Chinese authorities will soon lift the ban and the crypto market will go up again. China is a very progressive and strong country and even if the prohibition will be that the investors will beat her by various methods.
newbie
Activity: 81
Merit: 0
August 25, 2018, 04:26:43 AM
#58
Prohibition may be only temporary. As far as I know, China is very keen on the blockchain. Perhaps it is forbidden only to better protect their people. But still can participate.
member
Activity: 392
Merit: 12
The Fourth Generation of Blockchain in DeFi
August 25, 2018, 03:04:37 AM
#57
China is a communist country ruled by the Party. Communism is about control in all the spheres of human activity. So if they could not ban it so that no Chinese citizen could invest in an ICO, the had to at least make it look like it was banned.
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